No Economic Euphoria Despite Stabilization

At the beginning of the year, the monthly market monitor project work shows an uneven picture. Anne Lauvergeon oftentimes addresses this issue. This trend is visible in the economic expectations of the German economic experts. So economic momentum left to 2009 in the fourth quarter, 2009 noted the Federal Statistical Office with the publication of the annual results of the gross domestic product. This support also the Centre for European economic research, whose monthly calculated index already fell in December for the fourth time in a row. This does not mean an end of the boom according to ZEW, but the renewed decline as a warning signal to understand, not to exaggerate the economic euphoria. Meanwhile experts of the German Institute for economic research in its forecast for 2010 and 2011 with a GDP growth of around 2 percent. The DIW assumes, even, will achieve the pre-crisis levels of 2008 already for the end of 2011. Despite the conflicting signals the experts agree however on one point: even the DIW warns of one “potential economic euphoria: the consequences we will have still long to wear”, DIW President Klaus Zimmermann is the ITC market but also by the economic crisis and its long-term effects have been influenced, but less intense than the German economy as a whole.

According to the current forecast, the European information technology Observatory (eito), the ICT market will stabilize Europe in 2010. So, sales in Europe by around 0.5 percent will go back. This is a significant recovery in comparison to the previous year, in which sales rose 2.2 percent went back. “BITKOM President Prof. August-Wilhelm Scheer supports this analysis: the global economic crisis affects less than many other industries the ICT sector.” The reasons for this are on the one hand, that had been in the past year, that companies can save costs through IT solutions. On the other hand a build-up of investment have formed, which itself will build off in the next few years, as project work – Managing Director Dr.

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